Referee Backs Disbarment Of Fla. 'Foreclosure King'

Law360, Miami (October 29, 2013, 7:00 PM EDT) -- A court-appointed referee on Monday recommended disbarment for an attorney who was once dubbed Florida's “foreclosure king” and whose firm processed thousands of foreclosure cases before its collapse in 2011.

Judge Nancy Perez, who has been appointed by the Florida Supreme Court as referee in the case, said David J. Stern should be disbarred for taking on a huge caseload and failing to properly supervise staffers who allegedly mishandled or filed fraudulent court documents.

Stern's “failure to exercise care resulted in massive injury to the system,”...